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China plays down Blinken’s canceled visit

By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — China played down the cancellation of a visit by U.S. Secretary of State Antony Blinken after a large Chinese balloon suspected of conducting surveillance on U.S. military sites roiled diplomatic relations, saying that neither side had formally announced any such plan. “In actuality, the U.S. and…

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Here’s what the Fed interest rate hike means for you

NEW YORK (AP) — The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. The rate increase will likely make it even costlier to borrow for homes, autos and other…

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Russia hits civilian targets anew

KYIV, Ukraine (AP) — Russian missiles hit residential areas in an eastern Ukrainian city Thursday for the second time in 24 hours, while top European Union officials held talks with the government in Kyiv as the war with Russia approaches its one-year milestone. The latest strikes in Kramatorsk came as rescue crews searched for survivors…

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Tom Brady retires, again, this time it’s ‘for good’

TAMPA, Fla. (AP) — Tom Brady, who won a record seven Super Bowls for New England and Tampa, has announced his retirement. Brady — the most successful quarterback in NFL history, and one of the greatest athletes in team sports — posted the announcement on social media Wednesday morning, a brief video lasting just under…

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Powell likely to stress Fed’s inflation fight far from over

WASHINGTON (AP) — Inflation is cooling, and parts of the economy appear to be weakening. But Chair Jerome Powell is likely Wednesday to underscore that the Federal Reserve’s primary focus remains the need to fight surging prices with still- higher interest rates. With financial markets anticipating that the Fed will stop raising rates soon and…

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Boeing bids farewell to an icon, delivers last 747 jumbo jet

GENE JOHNSON Associated Press SEATTLE (AP) — Boeing bids farewell to an icon on Tuesday: It’s delivering its final 747 jumbo jet. Since its first flight in 1969, the giant yet graceful 747 has served as a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, a transport for NASA’s space shuttles, and…

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Dolphins, humans both benefit from fishing collaboration

CHRISTINA LARSON AP Science Writer A fishing community in southern Brazil has an unusual ally: wild dolphins. Accounts of people and dolphins working together to hunt fish go back millennia, from the time of the Roman Empire near what is now southern France to 19th century Queensland, Australia. But while historians and storytellers have recounted…

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AI: World likely to hit key warming threshold in 10-12 years

SETH BORENSTEIN AP Science Writer The world will likely breach the internationally agreed-upon climate change threshold in about a decade, and keep heating to break through a next warming limit around mid-century even with big pollution cuts, artificial intelligence predicts in a new study that’s more pessimistic than previous modeling. The study in Monday’s journal…

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Could Brazil surpass US as top corn exporter?

A field of corn grows under a sunny sky in southern Brazil last month. Brazilian corn production for 2022-23 could increase by 12% and push exports beyond the 2022 record of 44 million metric tons. (Photo courtesy of Joana Colussi, University of Illinois postdoctoral research associate) By DANIEL GRANT FarmWeek Competition in world markets is…

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Fed set to impose smaller rate hike

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future…

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